Published: Jul 23, 2014
Source: Emirates 24|7

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Deyaar Q2 profit rises 129% to Dh62.5m

Net Profit for H1 2014 jumps 145% to Dh114.6 million

Dubai-based developer Deyaar Development reported a consolidated net profit of Dh62.5 million for the second quarter ended June 30, 2014, up by a record 129% from Dh27.3 million registered in the same period in 2013.

Aided by robust property sales booking and property delivery, the net profit for the first half of the year rose 145% to Dh114.6 million compared to Dh46.6 million for the same period in the previous year. Read more>>>

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